155 Business Acquisition (3) – PART 2

The upper-level management of Mulpasaneop was anxious as well.

"Managing Director Goo wants to acquire the company with his investors' funds, but I heard that the president is not cooperative. If the company is sold off in pieces, he will lose everything. Why is he making things difficult?"

"Maybe the president wants to sink with his company. If he wants to do that, he'd better do it by himself. He is now dragging everyone down with him."

The head of the labor union went to the president and tried to persuade him too.

Gun-Ho determined that it was time.

He went to the president.

"Do you have any good news, Managing Director Goo?"

The president seemed anxious.

"I will submit my application to acquire the company to the court officer today."

"What is your offer?"

"I offer 2 billion won in a method of increasing capital stock. Since the company is still under court receivership, the court officer will use the money to pay the company's debts in the order of priority."